Custodia Bank Appeals Federal Reserve Lawsuit Decision

Custodia Bank filed a notice of appeal in its ongoing case against the US Federal Reserve on April 26. The bank intends to appeal an earlier judgment that denied its entitlement to a Federal Reserve master account, a service that allows access to the central bank's system without relying on intermediary banks.

As promised, Custodia Bank has filed a notice of intent to appeal against a ruling from the court that affirmed the Federal Reserve's rejection of its application for a master account. US Federal Reserve Bags First Win The Wyoming-based crypto bank made this Appeals move after stating that many financial institutions were discriminating against crypto

Custodia Bank is challenging a lower court's ruling in its battle for a Federal Reserve master account.

Digital asset bank Custodia filed a notice of appeal after a Wyoming judge ruled that the bank was not entitled to a Fed master account.

Custodia, a Wyoming-based aspiring crypto bank, filed a notice of appeal against a court ruling that affirmed the Federal Reserve's rejection of its bid for a master account and membership.